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Looking at net sales by business segment, we saw sales rise by 157.8 billion yen year on year thanks to an improved sales volume and mix, which offset foreign exchange losses due to the strong yen.
Sales for the Aerospace Division were down 10.4 billion yen year on year due to declined revenue from unmanned aerial vehicle systems, etc..
Sales for the Industrial Products Division were up 6.1 billion yen due to increased exports to overseas markets, primarily North America.